GnuCash User Manual
<<< Previous | Using Expense/Income Accounts | Next >>>

# Using Income/Expense Accounts

To use an income/expense account, simply create one from the "New Account" dialogue window, and then be sure to transfer income/expenses to it as you record paychecks, interest, etc. You will doubtless wish to create quite a number of income and expense accounts; it may be worth looking at the Sample Chart of Accounts for ideas. This partitioning of incomes and expenses is likely to prove particularly useful for North Americans when income tax time rolls around.

<<< Previous | Home | Next >>>
Recording Income and Expenses | Up | Use of Terminology In Other Software